85 Acres Oceanfront Accommodation & Approved Development — Mitchells Island NSW
Freehold tourist and visitor accommodation on the NSW Mid North Coast. Over 750 metres of ocean frontage, three trading guest cottages, development consent for ten more, construction commenced.
Most buyers looking for approved coastal land have been looking for years.
The approvals are the reason. Councils have tightened, coastal planning has hardened, and sites that would have gone through a decade ago do not go through now. So the search narrows to land already approved, and there is very little of it, because owners of approved coastal land rarely have a reason to sell.
Photos
Seaside Retreat is one of those sites.
Approximately 85 acres on Mitchells Island, with over 750 metres of direct ocean dune frontage. Held freehold. A five-bedroom residence, with approximately 242m² of upstairs living area excluding the wraparound balcony and under-house storage, sits back among the trees. Three self-contained guest cottages, two one-bedroom and one two-bedroom, are letting now with an established booking history.
Development consent is in place for ten additional single-level cottages, a mix of two and three bedroom. Slabs are down on part of the site. The consent is physically activated, not sitting on a clock.
What the approval is actually worth to you
Taking a coastal site of this scale through consent from scratch means two to three years of holding cost against no income, six figures of consultant and application spend, and a genuine prospect that the answer is no. Every one of those costs and risks has already been carried here by someone else.
You are buying the outcome of that process, not the process.
What you are buying
Freehold title over approximately 85 acres, over 750 metres of ocean dune frontage
Five-bedroom principal residence, approx. 242m² upstairs living area excluding balcony and under-house storage, currently held outside the letting pool
Three trading self-contained guest cottages with established booking history
Development consent for ten further cottages, works commenced
A landholding of a scale and coastal position not being replicated on this coastline
Where it sits today
The property has been owned and run from Sydney, operated on a passive lifestyle basis. The owners visit, the cottages let, the residence stays out of the pool. It is under-managed rather than underperforming, and the gap between how it runs now and how it could run is visible on the ground.
What it looks like in three years
Thirteen cottages trading, the five-bedroom residence in the pool, and a single freehold title over 85 acres with over 750 metres of ocean frontage that cannot be bought again on this coastline at any price. Held by an owner who bought the approval instead of chasing one.
Approximate positions of the 10 development-approved cabins in relation to the rest of the property
And if you pass
The approved coastal sites do not come back around. The next buyer to look at this one will be looking at completed cottages and a trading history, and paying for both.
How this works
- Request the Information Memorandum. It carries the site plan, the development consent material and the trading information the vendors have made available.
- A short conversation by phone. What you are looking for, what you have done before, how an acquisition of this scale would be structured on your side.
- Inspection by private appointment.
The cottages have guests staying, so inspections are by private appointment rather than open viewing. Happy to arrange one once you’ve had the material and we’ve had a chance to talk.
Hotel, motel and accommodation operators may prefer the hospitality overview of this property at Australian Leisure Property.
Expressions of Interest close 5:00pm, 20 November 2026, unless sold prior.
Expressions of Interest. Contact Con Tastzidis, CST Properties, to request the Information Memorandum. Inspections are by private appointment.
All information has been supplied by the vendor or sourced from third parties and is provided as a guide only. Areas, dimensions and approvals are approximate. Income figures, where stated, are gross estimates only and are not representations of profit or future performance. Development consent details should be verified independently with MidCoast Council. Potential additional uses are subject to council approval, none of which is currently in place. Some images have been staged or digitally enhanced for presentation. CST Properties does not guarantee the accuracy of this information. Prospective purchasers must make their own enquiries and obtain their own independent legal and financial advice.